Thursday, December 1, 2016

Keybot the Quant Turns Bearish

Keystone's trading algorithm, Keybot the Quant, flips short at SPX 2193 after lunchtime. Higher volatility creates market selling. Watch the VIX 13.86 level like a hawk (now at 14.45). Bears win above. Bulls win if VIX falls back below 13.86. Stay alert for a potential whipsaw over the next day. More information is found at Keybot's site;

Keybot the Quant

Note Added Friday Afternoon at 1:54 PM EST:  The VIX 13.86 level is the rudder steering the stock market ship. When the VIX dropped under 13.86 today stocks popped. Then VIX regains the 13.86 and is above 14 so the market bears are winning. VIX 13.86 tells you what you need to know concerning market direction.

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